This year's Wanhua Chemical still maintains the leading position of the internalization enterprise in the MDI industry.
It is understood that the China Securities Regulatory Commission announced on August 10 that the Wanhua Chemical Absorption Project will be held at 9:00 am on August 16.
Wanhua Chemical, as the leader in the domestic MDI and other chemical industries, announced in May this year that it plans to make a price of 52.2 billion yuan to implement the merger through the issuance of shares to the five shareholders of Yantai Chemical Co., Ltd., the controlling shareholder. One move is to actively respond to the national call for the layout of the 'One Belt, One Road' entity business.
Start: Open the market with technology
Wanhua Chemical is the same age as the reform and opening up. It was formerly Yantai Synthetic Leather Factory. In the course of 40 years of development, Wanhua Chemical has been continuously innovating and bravely developing. Through cooperation with universities, Wanhua Chemical has captured high-end MDI manufacturing technology and relied on independent innovation. In order to carry out technological innovation and expansion. In 2009, Wanhua's single set of 300,000 tons/year MDI manufacturing technology was successfully developed. In 2011, Wanhua's fifth-generation MDI technology was successfully developed, thus mastering the world's largest single set of 40. 10,000 tons/year of MDI complete technology, more than 30% energy saving compared with similar technologies. In 2013, Wanhua's new phosgenation reaction technology made another major breakthrough, and used new technology to complete Ningbo's 1.2 million tons/year MDI production equipment technical transformation ( The world's largest MDI manufacturing base) and Yantai Industrial Park a set of 600,000 tons / year MDI installation.
Today: Becoming the world's largest MDI producer
Today, Wanhua Chemical wants to absorb and merge the controlling shareholder Wanhua Chemical with 52.2 billion yuan, which will make Wanhua Chemical become the world's largest producer. In the oligopolistic MDI market, Wanhua Chemical has an MDI capacity of 1.8 million tons. BC has 300,000 tons. After the effective integration of the MDI manufacturer Hungarian BC, which was acquired in January 2011, Wanhua Chemical will surpass BASF with a capacity of 2.1 million tons with a capacity of 2.1 million tons. Large producers. At the same time, after being included in the overall strategic layout of Wanhua Chemical, BC will help the three major markets of Asia, America and Europe to occupy a certain position and achieve global production and operation.
In recent years, Wanhua Chemical has repeatedly appeared on the list of major international companies. In the list of Forbes Global Enterprises 2000 released this year, according to statistics, a total of 43 chemical companies are on the list, among Chinese enterprises, only Wanhua Chemistry is a finalist. US Chemical and Engineering News magazine (C
Wanhua Chemical also disclosed its semi-annual report in the near future. In the first half of the year, the net profit attributable to owners of the parent company was 6.95 billion yuan, up 42.97% year-on-year; operating income was 30.054 billion yuan, up 23.02% year-on-year.
The future: continue to take the road to innovation
Wanhua said that it will continue to deepen reforms, maintain the bottom line of environmental protection, increase the intensity of introducing new foreign technologies, learn from others, and promote the green development of Wanhua Chemical to achieve the goal of 'implementing a billion-dollar strategy and achieving leap-forward development'. .